Bitcoin’s Long-Term Holders Reverse Course to Accumulate $8 Billion Worth of BTC in Weeks

On-chain data is revealing a shift in behavior among Bitcoin’s long-term holders, those who have held their coins for at least 155 days, which have recently reversed a sell-off trend and are now accumulating BTC at a rapid pace, absorbing nearly $8 billion worth of the cryptocurrency in recent weeks. According to data shared by […] source: https://www.cryptoglobe.com/latest/2024/07/bitcoins-long-term-holders-reverse-course-to-accumulate-8-billion-worth-of-btc-in-weeks/